Key Trends in the 2018 Cost vs. Value Report

As a go-to source, we love combing through the annual the annual 2018 Cost vs. Value Report. Our sales training often included using the report for in-home demonstrations. This would allow the homeowner to read 3rd party data themselves. It is crucial that people trust the information you can offer them because of the scope of data out there on the web now.

The minor shifts seen in the 2018 Cost vs. Value report may signal the start of bigger moves

This year’s report finds a slight decline in the average payback for all 20 projects as the cost of the projects went up for all of them, while values rose for only about two-thirds. REMODELING expects those cost gains to continue into 2018, as the cost part of Cost vs. Value was compiled before fall hurricanes and fires began fueling what one building products distributor calls “a freight train of extraordinary demand” that’s certain to keep elevating the prices for many building materials. In addition, you can expect existing shortages of skilled labor in disaster-struck markets to worsen as people struggle to fix up their own homes and employers feel pressure to raise pay.